Well...i agree for the suggestion but...make sure u dun use credit card anymore after u paying off..coz ur debt is going to increase like no one business!!! Scary~~~

anybank can offer 5k personal loan to monthly income 1.5k ??

got one question here, can a student get a personal loan ??? like 3k, for emergency use ???

You need a pay slip and justify your source of income so if you don't have one, I don't think they'll approve it. Perhaps you get a supplementary card from your parents instead?

Need help from the bros out there. I want to get a RM25K loan. Does anybody know any good financial institutions that offer good rates? Any suggestions? PM me if any loan agent want to offer me (except ahlongs la, hahaha).

well,im doing this field,the lowest bank offer by bank islam/rakyat but for goverment servant only.
the 2nd bank is RHB bank,offer 1% monthly rate based on reducing balance,mean 6.85% per annum,
how much loan u can apply is based on ur salary,there is 3.5X of ur salary.
im doing all this balance transfer and persoanl loan with fast approval,if u re interested.kindly PM me to give me ur hp num,i will call back to u for the further information

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Added on March 4, 2008, 10:25 pmwell,im doing this field,the lowest bank offer by bank islam/rakyat but for goverment servant only.
the 2nd bank is RHB bank,offer 1% monthly rate based on reducing balance,mean 6.85% per annum,
how much loan u can apply is based on ur salary,there is 3.5X of ur salary.
and u can enjoy the first 2 month free for interest,
no guarantor is needed
im doing all this balance transfer and persoanl loan with fast approval,if u re interested.kindly PM me to give me ur hp num,i will call back to u for the further information

This post has been edited by ultramanbabe: Mar 4 2008, 10:25 PM

You may always refer to this thread for question/queries on personal loan.

http://forum.lowyat.net/topic/500507

Want to get a personnel loan of RM5K, can pay back in 5 or 6 months, which bank should i apply from ???

i've tried CIMB... gosh, the interest rate is higher than credit card and then city bank offer the same but with slightly lower a bit....

the interest rate is 11% or higher ???

Credit Card is lower but is calculate by daily basis.......

yes, same with CIMB personal loan... its calculate daily basis too..... not worth it and it makes you all in debts

Hi,

Take a look at Bank Negara's Consumer Banking website. They have tables there that make it easier to compare various loans.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Computation Software

what is the different between flat rate and reducing rate? Which is better??

Reducing is always better.....it means that you are able to pay off more principle with every payment because your interest is reducing.....it also means that you can pay it back alot faster.

Regards
Trevor Keegan
www.taxsaya.com
Malaysia's First FREE Multi-Lingual Tax Software

reducing rate is better cuz your interest get reduce when u paid ne.... or you want the same all the time even until u finish pay off...... reducing rate pay slightly a little less than flat rate

i would like to apply PL from RHB but my PL appllication at Standard Chartered has been approved but i didnt comfirm yet to take or not since RHB rate more interesting.

What is your suggest, do i have to:-
FIRST - Cancel at SC and apply new one at RHB (or)
SECOND - Just apply at RHB, if approve, then i'll cancel at SC.
--> What is my chances to getting loan from RHB IF i didnt cancel my loan at SC?

Holy bull.....
Can employment letter be used instead of payslip?

My previous job doesn't provide pay slip and salary where given to me by cash (a short [3 month] contract job where i help my fren organizing an event). Am looking for a new job now and most probably will get it real soon, but need $$$ urgently... sigh...


edit : Any RHB banker here? Would like to double/triple confirm that RHB personal loan does not have any stamp duty/processing fee when applying a loan. And RHB Personal does not impose penalty/any charges for early settlement. I went to 3 RHB branches today. 2 told me no processing fee/stamp duty (i.e Borrow 5k get 5k nett) and no penalty or charges for early settlement.
Just pay off the remaining balance.

i.e if i borrow 5k for the tenure of 5 years (60 months), every month i pay the repayment amount RM111.xx (where i believe the RM100 is principal and RM11 is the interests).
And after 6 month (after paying the bank 6 month of repayment) i have the money and decide to settle off the balance, i just need to pay the remaining RM4400.

Can anyone from RHB double/triple confirm on this? (oh yeah, 1 of the branch told me i need to pay RM100 for early settlement)

Most probably i'll ask my fren to get the personal loan with his name first, and when i am qualified for a loan, i'll apply for 1 myself and settle the loan that my fren took for me

This post has been edited by ed0gawa: May 12 2008, 05:54 PM

ugh i applied for standard chartered for the loan but was denied ... when i ask why they say is P&C .. i cant even know why i got denied ... please help if anyone can help me get a loan of 10-15k pm me ... need urgent cash for personal reasons

RHB Personal loan question:
1.if i already have a PL from standard chartered, can i apply for another PL from RHB?
2.RHB is on:
a.reducing balance
b.zero fee
c.early settlement?

any agent here?

i work as Hong Leong Personal loan..
our rate is 12% per annum (flat rate)
maximum up to 250k and minimum to 5k

5 times from ur salary nett pay.
minimum requirement is from basic 2k salary and credit card limit 5k and used for 1 year. (either one)

repayment period is from 2 years from 5 years
*early settlement with no intrest charge and penalty charge.
*need to give bank for 3 mths notice at anytime want to settle
*intrest is giving rebate doing early settlement

*48hr loan process and can consider to taking loan once approve